Trade Wars are Bearish for USDJPY

A clear break below $108 support level which now becomes resistance targets the $100 support level. The selloff in US Treasuries and trade wars are bearish for the USD, combined with the risk-off environment that the tariffs rhetoric sparks off points to a bearish tone for USDJPY.
Chart PatternstariffstradewarTrend AnalysisUSDJPY

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